Buckle (NYSE:BKE) will be posting its quarterly earnings results before the market opens on Friday, May 24th. Analysts expect Buckle to post earnings of $0.37 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Buckle (NYSE:BKE) last issued its quarterly earnings data on Friday, March 15th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.04. The firm had revenue of $264.40 million during the quarter, compared to the consensus estimate of $267.55 million. Buckle had a net margin of 10.80% and a return on equity of 23.75%. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period last year, the business posted $0.87 earnings per share. On average, analysts expect Buckle to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of BKE stock opened at $18.65 on Friday. The company has a market cap of $912.91 million, a price-to-earnings ratio of 9.47 and a beta of 0.47. Buckle has a 12-month low of $16.85 and a 12-month high of $29.65.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Friday, April 12th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $1.00 annualized dividend and a yield of 5.36%. Buckle’s dividend payout ratio (DPR) is presently 50.76%.
In other news, Director Robert Erle Campbell sold 2,000 shares of Buckle stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $19.00, for a total value of $38,000.00. Following the completion of the sale, the director now directly owns 30,464 shares in the company, valued at $578,816. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 41.80% of the stock is currently owned by insiders.
Several equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Buckle from a “sell” rating to a “strong-buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, January 29th. ValuEngine upgraded shares of Buckle from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th. Finally, Deutsche Bank downgraded shares of Buckle from a “hold” rating to a “sell” rating and set a $16.00 price target for the company. in a research report on Friday, March 8th.
The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.
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